A new report from Coinshares argues that quantum computing poses a manageable, 
long-term risk to Bitcoin, but a pointed rebuttal from a post-quantum security 
advocate says that confidence may be misplaced. Post-Quantum Security Debate 
Heats up After Coinshares’ Bitcoin Report The Coinshares report, titled 
“Quantum Vulnerability in Bitcoin: A Manageable Risk,” contends that while 
future […]

While Researchers Say Bitcoin Has Time on Quantum Security, Not Everyone Agrees

The Bitcoin and Ethereum prices have rebounded from last week’s lows, 
providing optimism that the bottom may be in. This comes amid accumulation 
from whales while the crypto ETFs have seen notable inflows following last 
week’s outflows. Why The Bitcoin And Ethereum Prices Are Climbing Again The 
Bitcoin and Ethereum prices have pumped from their last week’s lows of around 
$60,000 and $1,900, respectively. BTC climbed to as high as $71,000, sparking 
bullish sentiments that the crash to $60,000 may have marked the bottom. These 
price surges have come on the back of significant accumulation from both 
retail and institutional investors. Related Reading: 5 Red Months In A Row: 
What’s Going On With Bitcoin And The Crypto Market? In an X post, on-chain 
analytics platform Lookonchain revealed two whales that are buying Bitcoin and 
Ethereum. These two newly created wallets are said to have withdrawn 3,500 
BTC, worth $249 million, and 30,000 ETH, worth $63 million, from Binance, 
likely to hold these coins for the long term. Furthermore, Bitcoin and 
Ethereum prices have also rebounded due to renewed inflows into BTC and ETH 
ETFs. SoSoValue data shows that the BTC ETFs recorded a daily net inflow of 
$145 million yesterday, sustaining the momentum from last Friday, when they 
took in $371 million, after recording three consecutive days of outflows. 
Further data from SoSoValue shows that the Ethereum ETFs saw daily net inflows 
of $57 million yesterday, reversing the trend after seeing three consecutive 
daily net outflows. Tom Lee’s BitMine also continues to buy more ETH, which is 
a positive for the Ethereum price. Lookonchain revealed that BitMine bought 
40,000 ETH, worth $83 million, yesterday. These purchases come just after the 
company announced it had purchased 40,613 ETH, valued at $82.85 million, last 
week. Related Reading: Ethereum Price Set To Break Out Against Bitcoin, But 
How High Can It Go? It is also worth highlighting external factors that have 
contributed to the recent rise in Bitcoin and Ethereum prices. Tensions 
between the U.S. and Iran appear to have cooled following talks last Friday, 
after initial reports that the talks were unlikely to proceed. Meanwhile, 
traders are beginning to price in the possibility of a rate cut in March after 
recent job reports came in weak. Bullish Case For BTC And ETH Crypto analyst 
Michaël van de Poppe has made a bullish case for the Bitcoin and Ethereum 
prices. In an X post, he stated that he expects to see more momentum coming in 
for BTC, with a clear breakout above $71,500 in the coming days. The analyst 
added that the pattern is comparable to the COVID crash, and he thinks a rally 
to between $78,000 and $80,000 could occur in the coming weeks. For Ethereum, 
Michaël van de Poppe stated that this is a “tremendous” opportunity to be 
looking at ETH because there is a massive gap to the ‘fair price.’ He added 
that ETH&#8217;s current valuation, based on the MVRV ratio, is just as underpriced 
as during notable crashes such as the peak of the 2018 bear market and the 
April 2025 crash when Trump announced reciprocal tariffs. Featured image from 
iStock, chart from Tradingview.com

Here’s Why The Bitcoin And Ethereum Prices Are Pumping Again

Canaan’s fall on Tuesday sent its share price to $0.56, falling further from 
the $1 it must reclaim by July to avoid a potential Nasdaq delisting.

Crypto miner Canaan sinks 7% despite strongest quarter in 3 years

Sam Bankman-Fried has filed a pro se motion for a new trial in federal court, 
arguing newly discovered evidence and alleged constitutional violations 
warrant revisiting his FTX fraud conviction. First reported by Inner City 
Press, the motion was docketed Feb. 10 in the U.S. District Court for the 
Southern District of New York, according to […]

Sam Bankman-Fried Seeks New Trial as FTX Case Returns to Federal Docket

U.S. credit card balances reached $1.28 trillion by the end of the fourth 
quarter, marking a $44 billion increase in debt over the three-month period, 
according to the Federal Reserve Bank of New York.

Cryptocurrency price in KWD